9175 Ellis RdWest Melbourne, FL 32904

  • Industrial land
  • 2.35 AC

Property Details for 9175 Ellis Rd

Lot size
2.35 AC
Zone code
IU
Property type
Industrial land
APN
27-36-35-00-00275.0-0000.00
APU
9223372036854775807

Description

This exceptional 2.35-acre commercial/industrial land parcel presents a unique build-to-suit opportunity in West Melbourne, Florida. Located on Ellis Road, the property boasts approximately 188 feet of frontage, offering high visibility and exposure to significant traffic. The lot, measuring approximately 188' x 573', is zoned M-1 by the City of West Melbourne, allowing for a variety of uses including warehousing, light manufacturing, contractor yards, automotive businesses, recycling centers, and more. Its prime location in the heart of Melbourne's industrial market places it near the intersection of Ellis Road and John Rodes Boulevard, less than half a mile from the I-95 interchange, providing easy access to Central and South Florida. The property benefits from its proximity to major employers such as Melbourne International Airport, L3Harris, Northrop Grumman, GE, and Extant Aerospace. This build-to-suit opportunity allows for a customized development tailored to a tenant's specific needs. Lease terms will be determined based on an agreed-upon land value and percentage-based annual rent, subject to lease length and tenant creditworthiness. The property's APN is 27-36-35-00-275, and it's situated in Brevard County within the Space Coast submarket, offering a strategic location for businesses seeking a strong presence in this thriving area. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes and key employers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $32,202,944
    Hospitality
    $29,497,722
    Educational
    $24,541,760
    Medical
    $25,385,788
    Retail
    $38,176,068

Location Insight

City
West Melbourne
County
Brevard
State
Florida
Latitude
28.0981
Longitude
-80.6985
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,865
$140,730
-
$140,730
-
$140,730
-
$140,730

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